- Teck Resources reported second quarter revenues of C$2.02 billion, falling short of the estimated C$2.16 billion.
- The company’s Adjusted EBITDA was C$722 million, slightly below the expected C$724.6 million.
- Analyst recommendations for Teck Resources include 16 buys, 7 holds, and 1 sell.
A look at Teck Resources Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Teck Resources Ltd. is a natural resource company with a solid outlook for the long term as indicated by its Smart Scores. With a high Value score of 4, Teck is seen as offering good value relative to its stock price. While its Dividend and Growth scores are moderate at 2 each, the company’s Resilience and Momentum scores of 3 each suggest stability and a positive trend in the market. Teck Resources’ diversified activities in mining, smelting, and refining various metals across North and South America position it well for sustained growth and resilience in the global market.
Strategically mining zinc, copper, molybdenum, gold, and metallurgical coal in key locations like the United States, Canada, Peru, and Chile, Teck Resources Ltd. is a robust player in the natural resource sector. The company’s production of refined metals and specialized metal products adds to its strength and market presence. With a strong focus on value, coupled with a resilient operational structure and positive market momentum, Teck Resources is poised for long-term success, making it an attractive investment option for those looking for stability and growth in their portfolio.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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